ITEM 1 attach_8CITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINMSOTA
RESOLUTION NO: 2015-XX
RESOLUTION SETTING A FINAL PROPERTY
TAX LEVY FOR TAXES PAYABLE IN 2016
WHEREAS, the Otsego City Council has on December 14, 2015, held a public meeting to allow for public
comment before adopting a final budget and certifying a final property tax levy; and
WHEREAS, the Otsego City Council is required by State Statute to establish a final property tax levy for
taxes payable in 2016 by December 28, 2015 and certify the final property tax levy to the Wright County
Auditor; and
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OTSEGO,
MINNESOTA:
That a tax is hereby levied for collection in 2016 upon all taxable properties in the City of Otsego for
the purpose and sums as follows:
General Revenue
$4,291,392
Tax Abatement
88,814
GO Improvement Bonds, 2010B
415,000
GO Improvement Bonds, 201OD
105,097
GO Improvement Bonds, 201 IA
119,903
Total Tax Levy 5 020 206
ADOPTED by the Otsego City Council this 14th day of December, 2015.
ATTEST:
CITY OF OTSEGO
Jessica Stockamp, Mayor
Tami Loff, City Clerk
MOTION made by Council Member and SECONDED by Council Member
IN FAVOR:
OPPOSED: